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ARTICLE · 02 APRIL 2015

The New Features Under The Recast Regulation 1215/2012

Soteris Pittas & Co L.L.C
Soteris Pittas & Co L.L.C
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Soteris Pittas & Co L.L.C

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The key changes effected by the Recast Regulation include jurisdiction agreements; the lis pendens rule; arbitration-related court actions and the abolition of exequatur.

CyprusLitigation, Mediation & Arbitration
Nada Starovlah
Nada Starovlah
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The significance of the EU Regulation 44/2001 is well known as its rules determine both the jurisdiction of courts in the EU in civil and commercial disputes and the conditions for the recognition and the enforcement of their judgments in other EU member States.

As of 10th January 2015, the EU Regulation 1215/2012 ("Recast Regulation") replaced the EU Regulation 44/2001 hence any proceedings instituted on or after the 10th of January 2015 will be based on or regulated by the Recast Regulation.

Many of the basic principles under the EU Regulation 44/2001 remain unrevised although the paragraph numbering have such as the general rule of jurisdiction under Article 2 which stated that EU defendants should be sued in the courts of their domicile (new Article 4) and the alternative grounds of jurisdiction such as in matters relating to contract and torts (Article 5) (new Article 7). 

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